Dynamic Technology Lab Private Ltd Makes New $1.25 Million Investment in Sealed Air Corporation $SEE

Key Points

• Dynamic Technology Lab Private Ltd has acquired a new position in Sealed Air Corporation by purchasing 43,130 shares valued at approximately $1,246,000 during the 1st quarter.
• Sealed Air has reported earnings of $0.89 per share for the last quarter, exceeding analysts' expectations and setting a FY 2025 guidance of 2.900-3.300 EPS.
• The company recently announced a quarterly dividend of $0.20 per share, equating to an annualized yield of 2.4%, which will be paid on September 26th.

Dynamic Technology Lab Private Ltd acquired a new stake in shares of Sealed Air Corporation (NYSE:SEE - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 43,130 shares of the industrial products company's stock, valued at approximately $1,246,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Sealed Air during the 4th quarter valued at about $27,000. Strategic Investment Solutions Inc. IL bought a new stake in Sealed Air during the 1st quarter valued at about $26,000. North Capital Inc. bought a new stake in shares of Sealed Air in the 1st quarter valued at about $30,000. CX Institutional bought a new stake in shares of Sealed Air in the 1st quarter valued at about $52,000. Finally, Whittier Trust Co. raised its holdings in shares of Sealed Air by 77.7% in the 1st quarter. Whittier Trust Co. now owns 1,823 shares of the industrial products company's stock valued at $53,000 after purchasing an additional 797 shares in the last quarter. Institutional investors own 94.40% of the company's stock.

Wall Street Analyst Weigh In

SEE has been the subject of several recent research reports. UBS Group boosted their price target on shares of Sealed Air from $39.00 to $40.00 and gave the company a "buy" rating in a report on Wednesday, July 9th. Mizuho boosted their price target on shares of Sealed Air from $34.00 to $37.00 and gave the company an "outperformer" rating in a report on Tuesday, July 15th. JPMorgan Chase & Co. upgraded shares of Sealed Air from a "neutral" rating to an "overweight" rating and boosted their price target for the company from $33.00 to $36.00 in a report on Tuesday. Citigroup boosted their price target on shares of Sealed Air from $33.00 to $37.00 and gave the company a "buy" rating in a report on Friday, July 11th. Finally, Wall Street Zen upgraded shares of Sealed Air from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $38.55.

Sealed Air Stock Up 0.1%

Shares of NYSE SEE traded up $0.05 during trading hours on Friday, hitting $33.96. 1,881,110 shares of the stock were exchanged, compared to its average volume of 1,461,520. The company has a quick ratio of 0.71, a current ratio of 1.19 and a debt-to-equity ratio of 4.18. The company has a market cap of $5.00 billion, a PE ratio of 17.15, a PEG ratio of 2.64 and a beta of 1.33. The firm has a fifty day moving average price of $31.35 and a 200-day moving average price of $30.43. Sealed Air Corporation has a 12 month low of $22.78 and a 12 month high of $38.85.

Sealed Air (NYSE:SEE - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.72 by $0.17. The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.32 billion. Sealed Air had a net margin of 5.46% and a return on equity of 60.61%. Sealed Air's revenue was down .7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.83 EPS. Sealed Air has set its FY 2025 guidance at 2.900-3.300 EPS. On average, sell-side analysts expect that Sealed Air Corporation will post 3.05 EPS for the current year.

Sealed Air Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 26th. Shareholders of record on Friday, September 12th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, September 12th. Sealed Air's payout ratio is currently 40.40%.

About Sealed Air

Sealed Air Corporation provides packaging solutions in the Americas, Europe, the Middle East, Africa, Asia, Australia, and New Zealand. It operates through two segments, Food and Protective. The Food segment offers integrated packaging materials and automation equipment solutions to provide food safety, shelf life extension, reduce food waste, automate processes, and optimize total cost for food processors in the fresh red meat, smoked and processed meats, poultry, seafood, plant-based, fluids and liquids and cheese markets under the CRYOVAC, CRYOVAC Grip & Tear, CRYOVAC Darfresh, LIQUIBOX, Simple Steps, and Optidure brands.